A Hong Kong man has been sentenced to six years in prison after pleading guilty to a terrorism charge under a Beijing-imposed national security law ...
Hong Kong stocks may reverse 34 months of decline in 2024 on likely Fed rate cut, China policy support: HSBC Jintrust
Hong Kong stocks could end their longest losing streak in 15 years, as US monetary policy easing boosts risk appetite and corporate earnings improve on China’s economic recovery, HSBC Jintrust says.
Hong Kong Proposes Licenses For Stablecoin Issuers, Outlines Regulations In Case Of Default
Hong Kong-based stablecoin issuers should obtain a license in order to operate in the city and cater to retail investors. That's according to a consultation paper from the Hong Kong Monetary Authority ...
Hong Kong regulators propose tougher rules for sale of stablecoins to retail investors
The legislative proposal comes as Hong Kong steps up efforts to become a virtual asset and Web3 hub by providing a clear regulatory environment.
Beijing exchange’s IPO volumes weather China’s stock market storm as investors bet on policy tailwinds
Initial public offerings (IPO) volumes at the Beijing Stock Exchange (BSE) have suffered the least after authorities restricted new share sales on the three mainland bourses this year, reflecting ...
Hong Kong proposes licensing for Tether, other stablecoin issuers
Hong Kong has proposed a new regulatory framework for stablecoin issuers, like Tether’s USDC and Circle’s USDC, requiring them to obtain a license to operate in the city.
Hong Kong police anti-fraud squad foils transfer of HK$1.1 billion to scammers in first 10 months of year
Anti-Deception Coordination Centre stopped money moving out of city bank accounts after requests for help from 814 victims HK$12.3 billion of victims' money has been intercepted since squad was set up ...
China, Hong Kong markets aided by video-game stocks bounce; Aussie shares close near 2-year highs
Asia-Pacific stocks set to bounce, with Australia stocks hitting near two year highs, as more markets return from a Christmas break.
Hong Kong proposes licensing for fiat-referenced stablecoins
The Financial Services and the Treasury Bureau (FSTB) and the Hong Kong Monetary Authority (HKMA) have released a consultation paper outlining their proposal to accept and regulate fiat-referenced ...
Hong Kong opens crypto ETF market to retail investors
Hong Kong is taking a significant step forward in the cryptocurrency market by allowing retail investors to directly access exchange-traded funds (ETFs) linked to cryptocurrencies. This move, ...
Hong Kong to oblige stablecoin issuers to obtain license — consultation paper
The Financial Services and the Treasury Bureau and the Hong Kong Monetary Authority issued a joint consultation paper of stablecoins regulation.
Hong Kong’s US$1.3 billion Northern Metropolis property JV shows CR Land’s support for city’s development, says chief
A HK$10 billion property development venture in the city’s Northern Metropolis indicated Beijing-controlled China Resources Land’s support for Hong Kong’s economic development, the chief of the ...
Digital Banking: Hong Kong’s Mox Bank “Redefines” Savings by Offering Instant Asia Miles with Time Deposit
Mox Bank Limited announced that customers can now earn Asia Miles instantly upon placing a Time Deposit "without waiting until maturity." ...
Hong Kong stocks recover as Tencent, NetEase recoup part of US$63 billion sell-off while new China report aids sentiment
Stocks recover as the sell-off in Tencent and NetEase on Friday attracts buyers while Beijing softens its regulatory tone on the gaming industry. A better than expected report on industrial profits ...